The $3 billion Dharavi redevelopment project, led by the Adani Group, kicks off with Phase 1 construction on a 6.4-acre railway land parcel, aiming to transform Asia's largest slum into a modern urban hub.

IAS officials, including Dharavi Redevelopment Project (DRP) CEO SVR Srinivas, Cidco president Vijay Singhal, and BMC associate municipal commissioner Abhijit Bangar, discussed city initiatives during the Maharashtra Infrastructure Conclave.

Kanakia Spaces entered two distinct agreements to undertake the redevelopment of large housing societies in Borivali, a prominent suburb in Mumbai.

The House of Hiranandani has signed agreements to redevelop five housing societies in Mumbai's Chembur suburb, a significant step towards urban renewal. These redevelopment projects, which encompass approximately 15 acres, offer a development potential of over 1.7 million square feet.

Gautam Adani, chairman of the Adani Group, said the Dharavi rehabilitation project is more than urban regeneration; it will change the lives of nearly one million people in one of the world's greatest slums. Adani said at Mumbai's Jai Hind College that the project would restore Dharavi's dignity.

The government wants to develop 2 lakh homes in Mumbai and Pune within three years, transforming the housing markets. This ambitious plan seeks to eliminate Mumbai slums, increase MHADA lottery possibilities, and revive SRA projects.

The long-anticipated Dharavi Redevelopment Project, covering nearly 600 acres in Mumbai’s core, is expected to commence construction within the next 6-8 months, according to SVR Srinivas, CEO of the Dharavi Redevelopment Project (DRP) and the Slum Rehabilitation Authority of Maharashtra.

As the first Times Redevelopment Awards 2024 honoured Mumbai's future leaders, the skyline shone with innovation. Though complicated, BMC Commissioner Dr. Bhushan Gagrani called redevelopment the ultimate answer to Mumbai's land problem, calling it innovation rather than repetition.

A special purpose vehicle set up by the government with Adani Realty as the lead developer, the Dharavi Redevelopment Project Pvt Ltd (DRPPL), and the Slum Rehabilitation Authority have sought 1,255 acres from various government agencies.

Signature Global acquired 14.65 acres of valuable territory in Gurugram's Sector 37D, near the Dwarka Motorway, to strategically develop. Sources estimate the transaction to be worth about ₹350 crore.

Thousands of families from Ramabai Ambedkar Nagar, a longtime Ghatkopar slum, are moving to high-rise housing in Vasan, Mumbai. The Slum Rehabilitation Authority (SRA) is finishing its survey work quickly to commence the Ramabai Ambedkar Nagar Development Project.

All essential permissions will be given within three months using a single-window certification system, and these projects will be completed by self-regulation procedures.

MMA Developer and Saroj Landmark Realty LLP sold floor space index (FSI) rights for 153,000 square feet in Wadala, central Mumbai, to K Raheja Corp for over 275 crore Indian Rupees.